PRAGUE, Sept 28 (Hina) - Croatia's delegation consisting of a Deputy Premier, Slavko Linic, Finance Minister Mato Crkvenac and National Bank's Deputy Governor, Boris Vujcic, on Thursday held a meeting with the World Bank President,
James Wolfensohn, in Prague. The World Bank's leader said he was very well informed of a new economic situation in Croatia and efforts and aspirations of the incumbent Government to build a market economy. He added that the World Bank offered support to those endeavours of Zagreb. According to him, the situation in Croatia was not much different from the state of affairs in other countries in the region. Many problems such as privatisation, changes in the tax system or the fight against corruption are similar everywhere. Therefore it is important to show resoluteness in carrying out changes. It is also important to have an economic programme which the Croatian G
PRAGUE, Sept 28 (Hina) - Croatia's delegation consisting of a
Deputy Premier, Slavko Linic, Finance Minister Mato Crkvenac and
National Bank's Deputy Governor, Boris Vujcic, on Thursday held a
meeting with the World Bank President, James Wolfensohn, in
Prague.
The World Bank's leader said he was very well informed of a new
economic situation in Croatia and efforts and aspirations of the
incumbent Government to build a market economy.
He added that the World Bank offered support to those endeavours of
Zagreb.
According to him, the situation in Croatia was not much different
from the state of affairs in other countries in the region. Many
problems such as privatisation, changes in the tax system or the
fight against corruption are similar everywhere. Therefore it is
important to show resoluteness in carrying out changes. It is also
important to have an economic programme which the Croatian
Government is now seriously preparing, Wolfensohn said.
He and the Croatian officials discussed the continuation of the
implementation of the current EFSAL loan which Croatia uses. To
date, about 50 percent of the money (or some 80 million German
marks) of this credit programme has been used for the financing of
structural adjustments. The Prague talks revolved around plans for
the expeditious use of the rest of money and on preparations for new
arrangement.
The Croatian delegation, that has attended the annual meeting of
the World Bank and the International Monetary Fund (IMF) in the
Czech capital, held a separate meeting with the Bank's Vice-
President for central Europe and Asia, Johannes Linn, who confirmed
the arrival of an expert mission in Croatia the end of October.
Asked by Croatians, World Bank leaders said that in no way this
Yugoslavia (Serbia/Montenegro) could usurp money of the former
Yugoslavia ('SFRY') and that they would take care of it.
(hina) ms